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$1,183,000

Beds
2
Baths
2.0
sq ft
1,170

6925 Gulf of Mexico Dr Unit 24, Longboat Key, FL 34228

6925 Gulf of Mexico Dr Unit 24

LONGBOAT KEY, FL 34228

  • 212 days on market
    • Price drop $15,000↓
This second-floor, Gulf-front condo’s ideal location balances natural beauty with peace of mind, providing a semi-protected setting without sacrificing breathtaking gulf views and easy access to the water. Tucked-back from the surf into the cozy, gated community of Sea Pines on Longboat Key, this two-bedroom, two-bath, updated corner unit offers a spacious open floor plan, panoramic gulf views and easy access to its beautiful white sand beach. Its coastal-inspired finishes include neutral LTV flooring and paint throughout, designer plumbing, upgraded lighting, plantation shutters, a smooth ceiling, solid surface countertops, and modern cabinets with open shelving. The beautiful open kitchen provides views out to your spacious screened lanai and the azure Gulf waters and offers, solid surface counters, a breakfast bar, shiplap walls, an attractive tile backsplash, upgraded GE Cafe appliances and a convenient pantry. The primary suite also offers gulf views, a spacious walk-in closet, and a spa-like ensuite bath with a shower. The main living space and primary bedroom open onto a 26-foot screened lanai offering a relaxing space to take in the consistently superb sunsets of Longboat Key. The spacious guest suite also offers a spacious walk-in closet and an ensuite bath. A cozy and private den adjacent to the kitchen offers additional guest sleeping with a sofa bed. This unit conveniently comes with a full-size, side-by-side washer and dryer. The sound of the sea and amazing sunsets will be your constant companion in this exquisite tropical setting. Sea Pines is an intimate complex of 28 condominiums perfectly located on the quiet northern end of Longboat Key. Security and privacy are ensured with a gated entry. Amenities include a large heated pool surrounded by lounging and dining furniture, BBQ grills, lush tropical landscaping, a pet-friendly atmosphere, and excellent income possibilities. Nearby Longboat Village, offers excellent waterfront restaurants such as Mar Vista, Shore, and Whitney’s. Anna Maria Island is just to the north and St. Armands Circle and downtown Sarasota are to the south. This is a very special island lifestyle, come see it for yourself!

Details

Property type

Condominium

Est. home value

$1,054,029

Lot size

3.6 acres

Price per sq ft

$1,012

Year built

1973

Annual property taxes

$9,759

Monthly HOA fee

$1,716.67

Price History

11/01/2024
StellarMLS

StellarMLS #A4606763

Listed
$1,183,000
11/01/2024
StellarMLS

StellarMLS #A4606763

Removed
$1,183,000
09/05/2024
StellarMLS

StellarMLS #A4606763

Price change
$1,183,000
-1.25%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Gated, Pool

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$671,930
Asking price
$1,183,000
Closing costs (~8% of asking)
-$94,640
Est. remaining loan balance
-$416,430
Cash to seller
$671,930

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Homestead Funding Corp

Loan start date

September 2020

Original loan amount

$458,100

Est. remaining balance

$416,430

Interest rate

2.88%

Loan type

New Conventional, 30 year

Seller

James Paratore

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 11/08/2024 at 10:35 AM

Listing updated: 11/01/2024 at 1:51 PM

Listed by: Kathleen Wingate, PREMIER SOTHEBYS INTL REALTY Phone #: (941) 383-2500

MLS: StellarMLS #A4606763

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